Housing in Salem, NC
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$275,000
Median List Price
$279,900
Price Per Sq Ft
$147
Days on Market
139
Active Inventory
8
Months of Supply
8.0
Buyer's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
94.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$147
Median List $/SF
$292
Salem vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Salem is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$159,300
Median Rent
$772
Total Housing Units
1,106
Vacancy Rate
16.9%
Owner Occupied
74.2%
Renter Occupied
25.8%
Median Property Tax
$979
per year
Monthly Cost (w/ Mortgage)
$521
Housing Types
The current median sale price in Salem, NC is $275,000 according to Redfin data. Homes spend a median of 139 days on the market. 0.0% of homes sold above asking price. The market has 8.0 months of supply. The median price per square foot is $147. The median rent is $772 per month (Census ACS). About 74.2% of housing units are owner-occupied. The median year homes were built is 1977. There are 1,106 total housing units.